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Nigerian Banks

Nigeria’s Senate Confirms 64 Ambassadorial Nominees

KEY POINTS The Senate has confirmed 64 career and non-career ambassadorial nominees submitted by...

Nigeria Orders Reopening of Unity Colleges After Security Shutdowns

KEY POINTS The federal government has ordered the reopening of all Unity Colleges closed...

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

Nigeria’s Senate Confirms 64 Ambassadorial Nominees

KEY POINTS The Senate has confirmed 64 career and non-career ambassadorial nominees submitted by...

Nigeria Orders Reopening of Unity Colleges After Security Shutdowns

KEY POINTS The federal government has ordered the reopening of all Unity Colleges closed...

Ngige Granted Bail After Week in Custody

KEY POINTS A Federal Capital Territory High Court has granted former labour minister Chris...

Nigeria Secures Release of Soldiers Held in Burkina Faso

Nigeria secured the release of detained air force personnel after President Tinubu sent a senior delegation to Burkina Faso for high-level diplomatic talks